Friday, June 14, 2024

Mohammed Shukri: The Kurdistan Region can provide a suitable environment to attract investors, 14 JUNE

   Mohammed Shukri: The Kurdistan Region can provide a suitable environment to attract investors

The Chairman of the Investment Authority in the Kurdistan Region, Dr. Muhammad Shukri, confirmed on Thursday, June 13, 2024, that the Kurdistan Region can provide a suitable environment to attract foreign investors.

Shoukry told Kurdistan 24: "The Board of Investment signed a cooperation agreement with the International Finance Corporation of the World Bank to benefit from expertise and technical support, strengthen the legal framework, facilitate investment procedures and effectively encourage the local and foreign sectors."

He added: "Through collective efforts with representatives of the institutions and ministries present, we can turn these visions into reality, because working together is the basis for an attractive environment for investment, promotes economic growth, and brings prosperity to the people of Kurdistan."

The President of the Kurdistan Regional Government, Masrour Barzani, confirmed at the end of last month that the Kurdistan Region is a stable and safe place for investment.

Masrour Barzani said, in a post on the X platform, after the opening of the Qatari consulate, Sunday, May 26, 2024, that "the opening of the Consulate General of the State of Qatar in Erbil is a starting point for the further development of our relations.

He added: "The Kurdistan Region is a stable and safe place for investment."

"We call on Qatari investors and tell them that the regional government is ready to provide all facilities," he said.

"Last year, the first shipment of Kurdistan's agricultural exports arrived in the Qatari market."

"We are also having talks on industry, banking and renewable energy."  link

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